Former Coinbase and a16z executive Mike Lempres joins MoonPay board

2023-12-01 00:15:41

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ChainCatcher news, MoonPay announced that former Coinbase and Andreessen Horowitz (a16z) executive Mike Lempres has officially joined its board. Lempres currently also serves on the boards of Coinbase, Bitstamp, and crypto-friendly bank Silvergate Bank. He previously served as Chief Policy Officer at Coinbase before leaving in 2019 and was a resident executive at a16z for over two years.

MoonPay co-founder and CEO Ivan Soto-Wright stated that they look forward to leveraging Mike's unique experience in navigating regulatory uncertainty, as well as his experience in building successful businesses and scaling growth-stage companies. During his time at Coinbase, Lempres assisted the company with its initial public offering or IPO. Although MoonPay currently has no immediate plans to go public, Soto-Wright emphasized that they are focused on making MoonPay a landmark private company. In addition to Lempres, other board members of MoonPay include Soto-Wright, the company's Chief Financial and Operating Officer Max Crown, and HODL.vc managing partner Theodora Vardis.

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